Many individuals fail to employ the physical presence test in the manner maximizing their exclusion of foreign earned income in the years of arrival to and departure from the foreign country. Such failure to maximize the exclusion of their foreign earned income can result in thousands of dollars of additional taxes being paid needlessly.

Read the article on how to apply the physical presence test correctly in order to maximize the exclusion of foreign earned income in order to save thousands of dollars in income taxes: Maximize Your Exclusion of Foreign Earned Income Under the Physical Presence Test.

William Brighenti, Certified Public Accountant

Accountants CPA Hartford, LLC